The Supreme Court has slashed the amount of compensations to Uphaar theatre fire tragedy victims awarded by the Delhi High Court.

A bench headed by Justice R V Raveendran reduced the amount of compensation from Rs. 18 lakh to Rs. 10 lakh to the families of deceased above 20 years of age and for the victims below 20 years, it was reduced to Rs 7.5 lakh from Rs. 15 lakh.

The bench also drastically reduced the punitive damages to be paid by Uphaar Cinema owners, Ansal brothers to the Centre from Rs 2.5 crore to Rs 25 lakh.

The court, however, retained the part of the high court's verdict that mandated payment of Rs 1 lakh as compensation to those injured in the incident. 59 people were killed and 103 injured following a devastating fire in an electrical transformer during a film show on June 13, 1997 in Uphaar theatre hall.